Gregory J. Yurek, born in 1948, is a notable figure in the field of materials science, having earned his Ph.D. from MIT. He co-founded American Superconductor in 1987 and served as CEO from 1989 until his retirement in 2011. Under...
Gregory J. Yurek, born in 1948, is a notable figure in the field of materials science, having earned his Ph.D. from MIT. He co-founded American Superconductor in 1987 and served as CEO from 1989 until his retirement in 2011. Under his leadership, the company became a leader in high-temperature superconductor technology, which is crucial for modern energy solutions. Dr. Yurek's background includes teaching at MIT for 12 years before venturing into the private sector. His strategic vision helped shape the company's direction in developing innovative products like fault current limiters and superconducting cables, which are essential in energy systems. Interestingly, during his time at the helm, his compensation included significant stock vestings, with nearly $1 million reported in some years. Dr. Yurek's journey reflects a strong commitment to technology and sustainability in energy, positioning the company favorably amidst intense competition from larger firms. Even after stepping down, he continued to play a role as a senior advisor for two years, showcasing his ongoing influence in the industry.